BAB (OTCMKTS:BABB) Announces Quarterly Earnings Results

BAB (OTCMKTS:BABB) posted its quarterly earnings data on Tuesday. The company reported $0.01 earnings per share for the quarter, Zacks reports. BAB had a return on equity of 16.96% and a net margin of 15.28%.

BAB Stock Down 2.0 %

Shares of OTCMKTS BABB opened at $0.86 on Wednesday. BAB has a twelve month low of $0.67 and a twelve month high of $1.04. The stock’s 50 day moving average price is $0.87 and its 200-day moving average price is $0.82. The company has a market capitalization of $6.26 million, a PE ratio of 12.32 and a beta of 0.03.

BAB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 9.28%. The ex-dividend date was Monday, December 23rd. This is an increase from BAB’s previous quarterly dividend of $0.01. BAB’s payout ratio is presently 57.15%.

About BAB

BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB), My Favorite Muffin (MFM), and SweetDuet (SD) trade names in the United States. It's BAB franchised brand includes daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, and other related products; and MFM brand comprises various freshly baked muffins and coffees, as well as units operating as My Favorite Muffin Your All Day Bakery Café features specialty bagel sandwiches and related products.